CSPR has been trading inside a descending channel since 2022. Currently, a triangle pattern is forming — price action inside is choppy, with lots of wicks and noise caused by low liquidity. This may indicate spot buying pressure building up.
🔸 Why it's interesting: Due to low liquidity, CSPR can experience sharp impulsive moves once demand increases.
🔸 Bullish targets: $0.17–$0.26
🔸 Less likely, but possible: $0.60–$0.90
🔻 Bearish scenario: Price could drop to the channel support zone around $0.03–$0.05
⚙️ Trading approach: Best to trade from the mid-range or wait for breakout confirmation, depending on your strategy. Always control position size and manage risk carefully — these moves can be volatile in both directions.
🔸 Why it's interesting: Due to low liquidity, CSPR can experience sharp impulsive moves once demand increases.
🔸 Bullish targets: $0.17–$0.26
🔸 Less likely, but possible: $0.60–$0.90
🔻 Bearish scenario: Price could drop to the channel support zone around $0.03–$0.05
⚙️ Trading approach: Best to trade from the mid-range or wait for breakout confirmation, depending on your strategy. Always control position size and manage risk carefully — these moves can be volatile in both directions.
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